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|Archives - June 2009|
|Monday, June 01, 2009|
What will prices be at harvest this year? “That’s literally the million dollar question,” says Tammy Dennee, executive director of the Oregon Wheat Growers League. Many commodity prices have plunged since the recession began, others are flat, and there’s not much optimism in the fields these days.
According to Brent Searle, economist at the Oregon Department of Agriculture, Oregon grows more than 220 commodities, with 40 of them grossing more than $10 million each per year.
“Different commodities are being affected in different ways,” Searle says. “Almost all of them are either flat or down right now.”
Grass seed, Oregon’s second-most-valuable crop, is down because sales are tied to housing developments and golf courses. Both have drastically cut back on seeding.
Hop farmers also are facing a bleak market.
“Right now you can’t give a hop away,” says John Annen of Annen Brothers hop farm in Mt. Angel. “Nobody is buying right now. There is no market.”
Annen Brothers locked in their prices early by negotiating contracts with brewers to avoid selling their hops on the market.
And last year’s optimism in the wheat industry has evaporated. Farmers planted 90,000 fewer acres of wheat in 2009 than in 2008, in what Bruce Eklund, deputy director of the National Agriculture Statistic Service’s Oregon Field Office, calls a “nationwide phenomenon.”
The average price of wheat in 2008 was $6.50 a bushel, down $1.73 from 2007’s average. A bushel currently sells for $5.40, 10 cents below the break-even mark.
Blackberries are one commodity that could potentially see an improvement in sales. The demand is up and the stock of frozen blackberries is low, but so is investor confidence. “Buyers are hesitant because they don’t know where the market will go,” says Searle.
Friday, July 10, 2015
BY GREGG MORRIS
Rita Hansen aims to scale natural gas vehicle innovation.
Monday, June 22, 2015
The Clean Fuels/gas tax trade off will go down in history as another disjointed, on-again off-again approach to city and state lawmaking.
Tuesday, July 14, 2015
The Big One serves as an allegory for Portland, a city that earns plaudits for lifestyle and amenities but whose infrastructure is, literally, crumbling.
Monday, July 13, 2015
BY AMY MILSHTEIN | PHOTOS BY JASON E. KAPLAN
Telemedicine, new partnerships and real estate diversification make health care more accessible in rural Oregon.
Wednesday, July 15, 2015
We asked readers how Obamacare has impacted their business.
Thursday, July 09, 2015
The sweltering weather didn't keep the crowds away. Although the numbers were down slightly from last year, the Oregon Food Bank raised $850,636 to fight hunger. About 80,000 people attended despite temperatures in the upper 90s.
Thursday, June 25, 2015
An international architecture firm known for its design of the National September 11 Memorial Museum Pavilion in New York unveiled its plan this week for a modern indoor/outdoor food market at the foot of the Morrison Bridge in downtown Portland.
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|Preserving the Legacy|
|Downtime with Debra Ringold|
|Washington to add 7 cents to gas tax|
|Wages, benefits grow at slowest pace in 33 years |
|Amazon earns $92M in profit|
|Under Armour bests Q2 earnings expectations|
|More than a hundred passengers forced to stay overnight at PDX|
|Immunization rates to be available to parents|
|CEO who pledged $70K minimum wage sued by brother|
One of the many reasons why businesses fail is due to the lack of attention to analytics. Sure, you can go on running your business, but mastering the science of analytics will translate into a business advantage.
Court experience helps legal firm anticipate potential problems for clients and prevent expensive litigation.
When Garmin AT needed to consolidate operations for its 550 employees, it scanned its entire corporate map for possible sites.
Professional and Continuing Education (PACE) and the College of Business at Oregon State University is offering “Business Analytics for Competitive Advantage”, a two-day intensive workshop.
A look back at the shifting sands of Portland’s growth and development.
Robert S. Wiggins has joined Lane Powell as a Shareholder in the Corporate/M&A Practice Group. Wiggins is a well-known lawyer, entrepreneur, and investor with more than 30 years of experience leading and advising established and emerging companies in the Pacific Northwest. Wiggins will focus his practice on offering outside general counsel services, including general corporate and board representation, business transactions and capital events.